Positive News SentimentPositive NewsNYSE:HLX Helix Energy Solutions Group (HLX) Stock Forecast, Price & News $6.20 -0.25 (-3.88%) (As of 01:03 PM ET) Add Compare Share Share Today's Range$6.20▼$6.4450-Day Range$6.45▼$8.0652-Week Range$2.47▼$9.16Volume708,072 shsAverage Volume1.83 million shsMarket Capitalization$939.30 millionP/E RatioN/ADividend YieldN/APrice Target$7.80 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Helix Energy Solutions Group MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside25.0% Upside$7.80 Price TargetShort InterestBearish6.11% of Float Sold ShortDividend StrengthN/ASustainability-5.70Upright™ Environmental ScoreNews Sentiment1.52Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth78.26%From $0.46 to $0.82 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.15 out of 5 starsOils/Energy Sector155th out of 249 stocksOil & Gas Field Services, Not Elsewhere Classified Industry14th out of 19 stocks 2.5 Analyst's Opinion Consensus RatingHelix Energy Solutions Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.80, Helix Energy Solutions Group has a forecasted upside of 25.0% from its current price of $6.24.Amount of Analyst CoverageHelix Energy Solutions Group has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted6.11% of the float of Helix Energy Solutions Group has been sold short.Short Interest Ratio / Days to CoverHelix Energy Solutions Group has a short interest ratio ("days to cover") of 4.4.Change versus previous monthShort interest in Helix Energy Solutions Group has recently decreased by 3.98%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldHelix Energy Solutions Group does not currently pay a dividend.Dividend GrowthHelix Energy Solutions Group does not have a long track record of dividend growth. Previous Next 1.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreHelix Energy Solutions Group has received a -12.95% net impact score from Upright. The largest negative impact of Helix Energy Solutions in category "GHG emissions" seems to be driven mostly by its "Oil drilling engineering services", "Oil well integrity inspection services", and "Petroleum reservoir engineering" products. See details.Environmental SustainabilityThe Environmental Impact score for Helix Energy Solutions Group is -5.70. Previous Next 3.6 News and Social Media Coverage News SentimentHelix Energy Solutions Group has a news sentiment score of 1.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Helix Energy Solutions Group this week, compared to 2 articles on an average week.Search Interest11 people have searched for HLX on MarketBeat in the last 30 days. This is an increase of 1,000% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Helix Energy Solutions Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Helix Energy Solutions Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 6.03% of the stock of Helix Energy Solutions Group is held by insiders.Percentage Held by Institutions87.78% of the stock of Helix Energy Solutions Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Helix Energy Solutions Group are expected to grow by 78.26% in the coming year, from $0.46 to $0.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Helix Energy Solutions Group is -18.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Helix Energy Solutions Group is -18.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioHelix Energy Solutions Group has a P/B Ratio of 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Helix Energy Solutions Group (NYSE:HLX) StockHelix Energy Solutions Group, Inc. is an international offshore energy company. It focuses on subsea construction, maintenance and salvage services to the offshore natural gas and oil industry. The firm also provides specialty services to the offshore energy industry, with a focus on well intervention and robotics operations. The company operates through the following business segments: Well Intervention, Robotics and Production Facilities. The Well Intervention segment offers vessels and related equipment that are used to perform well intervention services primarily in the Gulf of Mexico and North Sea regions. The Robotics segment involves four chartered vessels and also includes ROVs, trenchers and ROVDrills designed to complement offshore construction and well intervention services. The Production Facilities segment includes its investment in the Helix Producer I and Kommandor LLC. The company was founded in 1979 and is headquartered in Houston, TX.Read More Receive HLX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Helix Energy Solutions Group and its competitors with MarketBeat's FREE daily newsletter. Email Address HLX Stock News HeadlinesMay 28, 2023 | finance.yahoo.comInvestors in Helix Energy Solutions Group (NYSE:HLX) have seen favorable returns of 97% over the past three yearsMay 24, 2023 | finance.yahoo.comImplied Volatility Surging for Helix Energy (HLX) Stock OptionsMay 31, 2023 | Edge On The Street (Ad)The Ignored EV Story Few Investors Know AboutLithium may grab all the headlines, but the average electric vehicle requires 146 pounds of the mineral graphite. With no producing graphite mines in North America, the U.S. government is desperate for more domestic sources of the metal to feed the EV battery supply chain.May 18, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Helix Energy Solutions Group (NYSE:HLX)May 16, 2023 | marketwatch.comWhen the Price of Helix Energy Solutions $HLX Talks, People ListenMay 13, 2023 | americanbankingnews.comFinancial Contrast: Helix Energy Solutions Group (NYSE:HLX) versus Aris Water Solutions (NYSE:ARIS)May 12, 2023 | americanbankingnews.comHelix Energy Solutions Group, Inc. (NYSE:HLX) Receives $7.80 Average Price Target from BrokeragesMay 4, 2023 | americanbankingnews.comShort Interest in Helix Energy Solutions Group, Inc. (NYSE:HLX) Rises By 5.1%May 31, 2023 | Edge On The Street (Ad)The Ignored EV Story Few Investors Know AboutLithium may grab all the headlines, but the average electric vehicle requires 146 pounds of the mineral graphite. With no producing graphite mines in North America, the U.S. government is desperate for more domestic sources of the metal to feed the EV battery supply chain.May 2, 2023 | finance.yahoo.comHelix Energy Solutions Group, Inc. (NYSE:HLX) Q1 2023 Earnings Call TranscriptMay 1, 2023 | finance.yahoo.comHelix Energy Solutions Group (NYSE:HLX) Has Some Difficulty Using Its Capital EffectivelyApril 30, 2023 | americanbankingnews.comHelix Energy Solutions Group (NYSE:HLX) Upgraded to "Hold" by StockNews.comApril 27, 2023 | americanbankingnews.comHelix Energy Solutions Group (NYSE:HLX) Shares Gap Down to $7.86April 26, 2023 | seekingalpha.comHelix Energy: Unwarranted Selloff Provides Buying Opportunity (Rating Upgrade)April 26, 2023 | finance.yahoo.comQ1 2023 Helix Energy Solutions Group Inc Earnings CallApril 25, 2023 | seekingalpha.comHelix Energy Solutions Group, Inc. (HLX) Q1 2023 Earnings Call TranscriptApril 25, 2023 | seekingalpha.comHelix Energy Solutions Group, Inc. 2023 Q1 - Results - Earnings Call PresentationApril 24, 2023 | markets.businessinsider.comHelix Energy Solutions Q1 Loss decreases, beats estimatesApril 24, 2023 | finance.yahoo.comHelix Reports First Quarter 2023 ResultsApril 23, 2023 | americanbankingnews.comHelix Energy Solutions Group (HLX) Scheduled to Post Earnings on MondayApril 22, 2023 | americanbankingnews.comHelix Energy Solutions Group, Inc. (NYSE:HLX) Sees Significant Decline in Short InterestApril 21, 2023 | americanbankingnews.comHelix Energy Solutions Group (NYSE:HLX) Upgraded to Hold at StockNews.comApril 17, 2023 | benzinga.comHelix Energy Solns Gr Stock (NYSE:HLX), DividendsApril 17, 2023 | marketwatch.comLearn to Evaluate Helix Energy Solutions ($HLX) using the ChartsApril 17, 2023 | americanbankingnews.comHelix Energy Solutions Group, Inc. (NYSE:HLX) Given Consensus Recommendation of "Moderate Buy" by BrokeragesApril 14, 2023 | finance.yahoo.comHelix Announces First Quarter Earnings Release Date and Conference Call InformationApril 14, 2023 | americanbankingnews.comStockNews.com Downgrades Helix Energy Solutions Group (NYSE:HLX) to SellSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive HLX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Helix Energy Solutions Group and its competitors with MarketBeat's FREE daily newsletter. Email Address HLX Company Calendar Last Earnings10/19/2021Today5/31/2023Next Earnings (Estimated)7/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Oil & gas field services, not elsewhere classified Sub-IndustryOil & Gas Equipment & Services SectorOils/Energy Current SymbolNYSE:HLX CUSIP42330P10 CIK866829 Webwww.helixesg.com Phone(281) 618-0400Fax281-618-0500Employees2,280Year Founded1980Price Target and Rating Average Stock Price Forecast$7.80 High Stock Price Forecast$10.00 Low Stock Price Forecast$6.00 Forecasted Upside/Downside+21.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.33) Trailing P/E RatioN/A Forward P/E Ratio13.91 P/E GrowthN/ANet Income$-87,780,000.00 Net Margins-5.23% Pretax Margin-4.36% Return on Equity-2.25% Return on Assets-1.46% Debt Debt-to-Equity Ratio0.15 Current Ratio1.56 Quick Ratio1.56 Sales & Book Value Annual Sales$873.10 million Price / Sales1.11 Cash Flow$0.46 per share Price / Cash Flow13.93 Book Value$10.01 per share Price / Book0.64Miscellaneous Outstanding Shares151,500,000Free Float142,365,000Market Cap$969.60 million OptionableOptionable Beta2.78 Social Links Key ExecutivesOwen Eugene KratzPresident, Chief Executive Officer & DirectorScotty SparksChief Operating Officer & Executive Vice PresidentErik StaffeldtChief Financial Officer & Executive Vice PresidentLeigh BeckChief Technical Officer & Vice PresidentKenneth E. NeikirkSecretary, Executive VP & General CounselKey CompetitorsRPCNYSE:RESOceaneering InternationalNYSE:OIICore LaboratoriesNYSE:CLBProPetroNYSE:PUMPRanger Energy ServicesNYSE:RNGRView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 1,838 shares on 5/26/2023Ownership: 0.014%Royce & Associates LPSold 135,423 shares on 5/23/2023Ownership: 0.082%Ameriprise Financial Inc.Bought 839,187 shares on 5/22/2023Ownership: 1.062%JPMorgan Chase & Co.Bought 89,028 shares on 5/18/2023Ownership: 0.336%New York State Common Retirement FundSold 25,625 shares on 5/18/2023Ownership: 0.046%View All Insider TransactionsView All Institutional Transactions HLX Stock - Frequently Asked Questions Should I buy or sell Helix Energy Solutions Group stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Helix Energy Solutions Group in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" HLX shares. View HLX analyst ratings or view top-rated stocks. What is Helix Energy Solutions Group's stock price forecast for 2023? 4 equities research analysts have issued twelve-month target prices for Helix Energy Solutions Group's shares. Their HLX share price forecasts range from $6.00 to $10.00. On average, they anticipate the company's share price to reach $7.80 in the next twelve months. This suggests a possible upside of 21.9% from the stock's current price. View analysts price targets for HLX or view top-rated stocks among Wall Street analysts. How have HLX shares performed in 2023? Helix Energy Solutions Group's stock was trading at $7.38 on January 1st, 2023. Since then, HLX shares have decreased by 13.3% and is now trading at $6.40. View the best growth stocks for 2023 here. Are investors shorting Helix Energy Solutions Group? Helix Energy Solutions Group saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 9,040,000 shares, an increase of 7.1% from the April 15th total of 8,440,000 shares. Based on an average daily volume of 2,050,000 shares, the days-to-cover ratio is presently 4.4 days. Currently, 6.4% of the company's stock are short sold. View Helix Energy Solutions Group's Short Interest. When is Helix Energy Solutions Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, July 24th 2023. View our HLX earnings forecast. How were Helix Energy Solutions Group's earnings last quarter? Helix Energy Solutions Group, Inc. (NYSE:HLX) issued its quarterly earnings data on Tuesday, October, 19th. The oil and gas company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.10) by $0.03. The oil and gas company had revenue of $180.72 million for the quarter, compared to analysts' expectations of $172.62 million. Helix Energy Solutions Group had a negative trailing twelve-month return on equity of 2.25% and a negative net margin of 5.23%. During the same period in the prior year, the firm earned $0.10 EPS. What ETFs hold Helix Energy Solutions Group's stock? ETFs with the largest weight of Helix Energy Solutions Group (NYSE:HLX) stock in their portfolio include Invesco DWA Energy Momentum ETF (PXI), Invesco Dynamic Oil & Gas Services ETF (PXJ), Invesco S&P SmallCap Energy ETF (PSCE), SPDR S&P Oil & Gas Equipment & Services ETF (XES), Cambria Value and Momentum ETF (VAMO), VanEck Oil Services ETF (OIH), iShares U.S. Oil Equipment & Services ETF (IEZ) and Direxion Daily Oil Services Bull 2X Shares (ONG). How will Helix Energy Solutions Group's stock buyback program work? Helix Energy Solutions Group declared that its board has approved a stock repurchase plan on Monday, February 20th 2023, which allows the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 16.5% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's leadership believes its stock is undervalued. What is Owen E. Kratz's approval rating as Helix Energy Solutions Group's CEO? 18 employees have rated Helix Energy Solutions Group Chief Executive Officer Owen E. Kratz on Glassdoor.com. Owen E. Kratz has an approval rating of 37% among the company's employees. This puts Owen E. Kratz in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Helix Energy Solutions Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Helix Energy Solutions Group investors own include Athersys (ATHX), Energy Transfer (ET), Advanced Micro Devices (AMD), Ford Motor (F), WPX Energy (WPX), General Electric (GE), Marathon Oil (MRO), Oasis Petroleum (OAS), Transocean (RIG) and Enterprise Products Partners (EPD). What is Helix Energy Solutions Group's stock symbol? Helix Energy Solutions Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "HLX." Who are Helix Energy Solutions Group's major shareholders? Helix Energy Solutions Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.31%), Dimensional Fund Advisors LP (6.35%), State Street Corp (4.59%), Assenagon Asset Management S.A. (2.96%), Van ECK Associates Corp (2.86%) and Bank of New York Mellon Corp (1.87%). Insiders that own company stock include John Lovoi and Scott Andrew Sparks. View institutional ownership trends. How do I buy shares of Helix Energy Solutions Group? Shares of HLX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Helix Energy Solutions Group's stock price today? One share of HLX stock can currently be purchased for approximately $6.40. How much money does Helix Energy Solutions Group make? Helix Energy Solutions Group (NYSE:HLX) has a market capitalization of $969.60 million and generates $873.10 million in revenue each year. The oil and gas company earns $-87,780,000.00 in net income (profit) each year or ($0.33) on an earnings per share basis. How many employees does Helix Energy Solutions Group have? The company employs 2,280 workers across the globe. How can I contact Helix Energy Solutions Group? Helix Energy Solutions Group's mailing address is 3505 W SAM HOUSTON PARKWAY NORTH SUITE 400, HOUSTON TX, 77043. The official website for the company is www.helixesg.com. The oil and gas company can be reached via phone at (281) 618-0400, via email at investorrelations@helixesg.com, or via fax at 281-618-0500. This page (NYSE:HLX) was last updated on 5/31/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Helix Energy Solutions Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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